447 Allowance Avenue SE Medicine Hat, AB T1A3E1

$505,000
1,435
SQFT
352
$/SQFT
$505,000
1,435   sf
$352 / sf
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sold - 05/05/2026
1/49
Street View

Welcome to 447 Allowance Ave SE, a solid four-plex in Medicine Hat’s River Flats offering an excellent opportunity for investors looking for strong rental potential.This property features four self-contained units, including two spacious 2-bedroom, 1-bath suites and two comfortable 1-bedroom, 1-bath plus den suites, appealing to a wide range of tenants. Several units have been updated with modern flooring and fresh paint, creating clean and inviting living spaces.The property also includes a detached garage/workshop, ideal for additional storage, maintenance space, or potential extra rental value (currently rented). Tenants will appreciate the four off-street parking stalls, a valuable feature in this central location. The fully fenced yard adds additional functionality, making it practical for tenant enjoyment, security, and defined outdoor space.Situated in the River Flats, residents enjoy convenient access to downtown amenities, parks, walking trails, and transit, making it an attractive rental location.Whether you’re expanding your portfolio or looking for a solid multi-family investment, 447 Allowance Ave SE is a property worth exploring. Call your REALTOR® to book a private viewing!

Welcome to 447 Allowance Ave SE, a solid four-plex in Medicine Hat’s River Flats offering an excellent opportunity for investors looking for strong rental potential.This property features four self-contained units, including two spacious 2-bedroom, 1-bath suites and two comfortable 1-bedroom, 1-bath plus den suites, appealing to a wide range of tenants. Several units have been updated with modern flooring and fresh paint, creating clean and inviting living spaces.The property also includes a detached garage/workshop, ideal for additional storage, maintenance space, or potential extra rental value (currently rented). Tenants will appreciate the four off-street parking stalls, a valuable feature in this central location. The fully fenced yard adds additional functionality, making it practical for tenant enjoyment, security, and defined outdoor space.Situated in the River Flats, residents enjoy convenient access to downtown amenities, parks, walking trails, and transit, making it an attractive rental location.Whether you’re expanding your portfolio or looking for a solid multi-family investment, 447 Allowance Ave SE is a property worth exploring. Call your REALTOR® to book a private viewing!

  • Neighborhood
  • Type
  • County
    Medicine Hat
  • Status
    Sold
  • Listing #
    A2300348
  • Built
    1941
  • Listed on site
    48 days
  • Listing Agent Id
    MHMCKAYDA
  • Sold Price
    505000.00
  • Listing Brokerage
    RIVER STREET REAL ESTATE

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2026-06-01 16:58:53
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Property details

Community Features

  • No HOA

Exterior features

  • Fence
  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • No Basement

Property History

DateDays AgoEventNew Price
May 5, 202629 days agoPrice increased5,100 (1%)$505,000
Apr 16, 20262 mos agoNew on market$499,900
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